Ann: DWS Trading Update, page-3

Re-entered DWS for 1st time in yrs paying $1.075. Using the latest info i have FY16 eps at 10.3c, divs 8c ffr giving a gross yield of 11.3%. Recent acqisitions always give cause for concern but 1st 4 months trading was strong and i expect interim in 5 weeks to re-confirm this.

DWS are consultants and they are often the first to go in an economic climate. But balance sheet is very strong, work is being won, and the high divs provide some reassurance should entire sector drop. Anyone else buying?